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Solana’s SOL token is flashing a bullish golden cross pattern on its BTC pairing while approaching a critical resistance zone. Major institutional accumulation and strong on-chain support at $180 levels are fueling optimism for a potential breakout. Market views remain divided as SOL trades near $206 with $13 billion in daily volume.
- 18.56 million SOL worth $4 billion accumulated at $180 price level, creating strong support zone
- DeFi Development Corp purchased 407,247 SOL for $77 million, increasing total holdings to 1.83M SOL valued at $371 million
- Retail sentiment shows 5.8:1 bullish-to-bearish ratio, the most positive reading since February 2025
📎 Related coverage from: cryptopotato.com